Quick Summary
Insurance Regulatory and Development Authority of India Ref. No:525/IRDAI/HLT/CK/2020-21 Date:10-05-2021 Availability and Renewal of Standard Corona specific products PRESS RELEASE The Authority is in receipt of complaints stating that some of the insurance companies are not issuing C
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FAQ :
Yes, all general and health insurers are mandated to offer the Corona Kavach Policy and have been advised to continue offering both Corona Kavach and Corona Rakshak Policies.
Yes, insurers have been advised to offer renewal for both Corona Kavach and Corona Rakshak Policies.
The notification was issued in response to complaints that some insurance companies were not issuing Corona Kavach and Corona Rakshak Policies.
The clarification was issued by the Insurance Regulatory and Development Authority of India (IRDAI).
The press release was issued on 10-05-2021.
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Notification No : 525/IRDAI/HLT/CK/2020-21Published in Miscellaneous
Source : https://www.irdai.gov.in/admincms/cms/whatsNew_Layout.aspx?page=PageNo4480&flag=1